Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

3,640 sqft

Lot size

5,402 sqft

Year built

2021

Stories

0

Garage spaces

3

Style

Modern

Heating

Central

Cooling

Central Air

View

None

Status

Active

Days on market

8

MLS #

247892897

About this property

BUILT IN 2021 | NO RENT CONTROL LA CITY RSO | ALL UTILITIES INCLUDING WATER PAID BY TENANTS | SEPARATELY METERED | FULLY PERMITTED |ONE UNIT VACANT Built in 2021, this well-maintained duplex offers a great opportunity for investors and owner-users. Water, electricity, and gas are separately metered, and each tenant pays their own utilities, helping keep the owner's operating expenses very low and more low. The seller's regular monthly service expenses are only approximately $45 for pest control and $40 for gardening. The property features two spacious 5 Bed / 3 Bath units. One of the 5-bedroom unit is currently vacant, offering an excellent opportunity for an owner-user or the ability to lease it at current market rent. The property has been professionally managed and well maintained. Solar panels are installed. Great opportunity for an owner-user, investor, or 1031 Exchange buyer looking for a newer income property with separate utilities, low operating costs, and strong rental potential. Buyer to independently verify all property information, including rents, expenses, CAP rate, utility metering, rent control status, permits, square footage, and all investment calculations, and to conduct their own due diligence. Easy showing for the vacant unit.

Location

671 W 62nd Street

Los Angeles, Los Angeles, CA, 90044